IEC Registration query

Hi, IEC query ,it says firm name(Suvir enterprises) is different from name given in  bank's, but name given in bank is personal name (Ajay Rathod )as it is saving account and firm name is trade name (Suvir enterprises) so it doesn't let me complete application says both should be same? How to solve this?

Replies (1)

The DGFT portal requires the bank account name to match the name linked to your PAN. Since a savings account is in your personal name and the firm is in your trade name, the automated system rejects the application. The most effective fix is to open a current account in your business's trade name or have your bank update your existing account records to include your trade name. Ensure your PAN details are updated in your bank's KYC database before resubmitting.

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